Current account deficit 7

Vietnam’s ‘Independence, Self-Reliance and Peace’ Indo-Pacific Strategy ‘Rejection’ Vs Yoon Seok-Yeol ‘Freedom, Peace and Prosperity’ Strategy ‘Core’

Vietnam’s ‘Independence, Self-Reliance and Peace’ Indo-Pacific Strategy ‘Rejection’ Vs Yoon Seok-Yeol ‘Freedom, Peace and Prosperity’ Strategy ‘Core’ President Yoon Seok-yeol said at a meeting with compatriots in Hanoi on the 22nd that Vietnam is a key partner of the Republic of Korea in building the Indo-Pacific of freedom, peace and prosperity. Nguyen Phu Trong, president of the ruling Communi..

안보 2023.06.23

Fiscal deficit of 54 trillion won in the first quarter, current account deficit of $4.4 billion, entering into twin deficit system

Fiscal deficit of 54 trillion won in the first quarter, current account deficit of $4.4 billion, entering into twin deficit system National tax revenue decreased by 24 trillion won in the first quarter compared to the same period last year, and the managed budget deficit was 54 trillion won, and 93% of the annual budget deficit was exhausted in the first quarter. The government's national tax re..

경제 2023.05.11

Current account deficit $4.4 billion Manufacturing employment 100,000 youth 137,000 decrease

Current account deficit $4.4 billion Manufacturing employment 100,000 youth 137,000 decrease The current account deficit of 4.46 billion dollars in the first quarter worsened the deformed economic structure in which the number of employed in manufacturing decreased by 97,000 and increased by 440,000 only among those in their 60s. The Bank of Korea's current account deficit of $4.46 billion in th..

경제 2023.05.10

Overseas subsidiaries turned current account deficit, won ‘defenseless’ against ‘US interest rate of 6%’

In an economy dependent on overseas subsidiaries of chaebols as the current account deficit grows, a report titled “The yuan depreciates 5% due to a 6% increase in US interest rates” came out. In response to further rate hike remarks from the Fed chair, the UBS Maniknara Strategist report said that "the Fed's tightening towards 6% will firmly test the historic 'threshold of pain' for emerging ma..

경제 2023.03.10

U.S. $1 trillion trade deficit with China $390 billion, Japan investment gains 35 trillion yen

The U.S. recorded a record trade deficit of $1 trillion last year, accounting for more than half of the $390 billion deficit with China and the $130 billion deficit with Mexico. Japan's trade deficit last year was 1,6701 trillion yen, but it maintained a booming current account surplus of 11.14 trillion yen, with profits of more than 35 trillion yen, a record high from overseas dividends. Trade ..

경제 2023.02.08

Current account deficit, export decline in the first half of the year, industry deficit overlaps, exchange rate ‘fluctuation’

From the current account deficit in November of last year and the current account deficit in the second half, the Bank of Korea forecasts that exports will decrease by 3.7% in the first half of this year, and major industries such as semiconductors, petrochemicals, and steel are expected to experience larger deficits, leading to greater exchange rate fluctuations. The Bank of Korea announced the..

경제 2023.01.10

Twin deficit, trade deficit Highest ever exchange rate 1,400 won to 144 yen to JPY

South Korea's exchange rate has entered the 1,400 won range from the largest trade deficit in history to a twin deficit, and the Japanese yen is continuing to break through the 144 yen per dollar level. Korea's trade deficit reached a record high of $9.47 billion in August, and the Bank of Korea announced for the first time the possibility of a current account deficit next month. After Chief Cab..

경제 2022.09.07